Dáil debates

Thursday, 2 December 2010

10:30 am

Photo of Eamon GilmoreEamon Gilmore (Dún Laoghaire, Labour)

There is a list of prominent economists who have written about this over the last 24 hours. Willem Buiter, the chief economist of Citigroup, stated that "accessing external sources of funds will not mark the end of Ireland's troubles". Professor Eichengreen of Berkeley stated that the "Irish rescue package finalised over the weekend is a disaster". Paul Krugman, the Nobel laureate in economics, stated that this deal amounts to "reparations imposed on an innocent public". That is what this is. We are being given no opportunity to debate it.

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